
Argentina’s former cabinet chief Alberto Fernandez said the International Momentary Fund, IMF, is not the cause of the country’s poverty. His statements come in the middle of negotiations between the administration of President Cristina Fernandez de Kirchner and the IMF for a possible understanding which could open the way for fresh funds for Argentina.

Following the signing of Tax Information Exchange Agreements earlier this week with Finland, Greenland and Faroe Islands, Gibraltar has now signed 13 such agreements, and has accordingly been transferred by the OECD on to the so called ‘White List’, Gibraltar Government has announced.

Ministers have lost track of around 40,000 migrants with no right to be in Britain, it has been revealed. The Home Office admitted the illegal immigrants should have left the country more than six years ago but could still be here.

The death toll of a weekend shootout in Rio do Janeiro shanty towns between police forces and drug dealers climbed to 25 with the discovery of several bodies, --one of them in a supermarket cart--, and the death of a third police officer from a downed helicopter.

The same way some countries want non intervention assurances from Colombia, Bogotá is also asking for certainties that its neighbours will not grant bases or refuge to guerrillas or the drugs trade, said Defence minister Gabriel Silva in an interview with the Brazilian media.

It wasn’t an issue during the electoral campaign trail and hardly mentioned in political rallies but Mercosur is high in the agenda of whoever wins next Sunday’s presidential election in Uruguay.

British leading finance figures from the City of London met on Monday at the historic Drapers Hall to hear Chief Minister Peter Caruana’s message who said Gibraltar was fully committed and on time to meet the criteria being sent by G20 countries for offshore centres to continue in business centred on financial issues related to offshore centres and meeting the G20 criteria.

The Nicaraguan Supreme Court has lifted a constitutional ban on re-election, clearing the way for President Daniel Ortega to run again in 2011 elections. The court's decision followed an appeal by Mr Ortega and a group of mayors.
In July, Mr Ortega said publicly he favoured allowing people the right to seek consecutive terms.

British Minister for Europe Chris Bryant commented on the strong ties that exist between the UK and Gibraltar during the Gibraltar Day reception in the Guildhall of the City of London on Monday October 19th.

In mid-September, Secretary of State Hillary Clinton critiqued Venezuela’s leader Hugo Chavez for his ongoing purchases of mostly Russian military equipment, arguing that this could trigger an arms race in South America. The statement has added fuel to the ongoing discussions about what form South America’s rearmament is taking and what this could come to mean for the security of the region.